916 Doyle Rd
North PoleAK99705
Cheap Homes for Rent in Fairbanks, AK from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Fairbanks.
3590 Holden Rd
FairbanksAK99709
1528 S Cushman St
FairbanksAK99701
1375 Blackberry Dr
FairbanksAK99712
81 Slater Dr
FairbanksAK99701
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Fairbanks, AK Local Guide
How much does it cost to rent a home in Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks 2 Bedroom Homes for Rent | $1,916 | $1,400 | $2,600 |
| Fairbanks 3 Bedroom Homes for Rent | $2,137 | $1,850 | $2,500 |
| Fairbanks 4 Bedroom Homes for Rent | $2,830 | $1,990 | $3,400 |
Browse Top Homes for Rent in Fairbanks
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Fairbanks, AK Local Guide
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Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 03/25/2025Current apartment rentals in the Fairbanks, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fairbanks Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown Fairbanks | $1,797 | $1,250 | 465 |
| Downtown Fairbanks | $1,895 | $1,895 | 17 |
Cheapest Available Fairbanks Apartments for Rent
The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Willow Woods Apartments in the Midtown Fairbanks neighborhood priced from $1,250. Sophie Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,306. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Woods Apartments | Open Kitchen One Bedroom | 1BR,1BA | $1,250 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1,306 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
Best Value Apartments for Rent in Fairbanks, AK
As of March 25, 2025 the best value apartment in the Fairbanks area is the $1.52 price per square foot 4x2.5 Furnished Model at Birchwood Homes in the starting from $2,995. The second greatest value Fairbanks apartment is the 1121 20th Ave Model at 1121 20th Ave, Unit #3 starting at $1,750 with a $1.46 price per square foot in the Midtown Fairbanks neighborhood. Here is today’s list of the best values for Fairbanks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birchwood Homes | 4x2.5 Furnished | 4BR,2.5BA | $1.52 |
| 1121 20th Ave, Unit #3 | 1121 20th Ave | 2BR,1BA | $1.46 |
| 1080 Evergreen St, Unit 2 | 1080 Evergreen St | 2BR,2BA | $1.64 |
| Sophie Plaza Apartments | Medium One-Bedroom | 1BR,1BA | $1.63 |
| Willow Woods Apartments | Open Kitchen One Bedroom | 1BR,1BA | $1.74 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1.96 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
| Furnished Studio-Fairbanks - Old Airport Way | Furnished Studio-Fairbanks - Old Airport Way | Studio ,1BA | $7.50 |
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Frequently Asked Questions about Fairbanks
What type of rentals are currently available in Fairbanks?
There are currently 59 Apartments for Rent in Fairbanks, AK with pricing that ranges from $1,250 to $2,700. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairbanks ranging from $700 to $3,400.
What is the current price range for Rental Homes in Fairbanks?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairbanks ranges from $700 to $3,400 with an average monthly rent of $2,059.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.